Studio apartment

The Pack Horse, Nelson Square, Bolton BL1 1AQ

Size: 15.94 sqm

Purchase price

£30,000

Size: 15.94 sqm

SQM

Tenanted

Tenanted
Finance breakdown
Financial performance*
Gross rent £3,520
Ground rent £150
Service charge £1,300
Lettings fees £282
Net income £1,788
Gross yield 11.73%
Net yield 5.96%

Excellent investment opportunity – a spacious en-suite bedroom in a converted period hotel in the heart of Bolton. Offered tenanted for immediate income


We are pleased to present this chance to invest in the famous ex Pack Horse Hotel in Bolton. It was transformed in 2012 into luxury student accommodation. Located only ten minutes away from the university The Pack Horse is perfectly placed and is a popular choice amongst students.

This unit offered is a spacious en-suite bedroom with LCD TV, plenty of storage and work station.

The beautiful period building on Nelson Square offers students all sorts of amenities. Inside there is CCTV in all communal areas and the electronic key fobs mean only resident students can enter and leave the property. In addition, secure bike storage encourages students to get around town in a healthy and environmentally friendly way.
The large communal area, the hotel’s old ballroom, acts as the social hub of the property, with pinball machines, pool tables and a projector for movies. In the studios the luxury doesn’t end, with free Wi-Fi and wall mounted LCD TVs as well as onsite laundry facilities, a private residents gym and study room all situated within the development.

The development is managed by Primo Property Management, who are ANUK accredited management service.


Enquire now to not miss out on this opportunity.

Please note: Images shown are of a show apartment and may not be representative of the property for sale.

Interested in this property? Enquire today for more information

Key features

Key features

Luxury development in converted period hotel

Key features

En-suite

Key features

Onsite bike storage

Key features

Spacious games room

Key features

Managed by ANUK accredited management service

Key features

Local to the university

Key features

Great transport routes

Excellent investment opportunity – a spacious en-suite bedroom in a converted period hotel in the heart of Bolton. Offered tenanted for immediate income More info...

We are pleased to present this chance to invest in the famous ex Pack Horse Hotel in Bolton. It was transformed in 2012 into luxury student accommodation. Located only ten minutes away from the university The Pack Horse is perfectly placed and is a popular choice amongst students.

This unit offered is a spacious en-suite bedroom with LCD TV, plenty of storage and work station.

The beautiful period building on Nelson Square offers students all sorts of amenities. Inside there is CCTV in all communal areas and the electronic key fobs mean only resident students can enter and leave the property. In addition, secure bike storage encourages students to get around town in a healthy and environmentally friendly way.
The large communal area, the hotel’s old ballroom, acts as the social hub of the property, with pinball machines, pool tables and a projector for movies. In the studios the luxury doesn’t end, with free Wi-Fi and wall mounted LCD TVs as well as onsite laundry facilities, a private residents gym and study room all situated within the development.

The development is managed by Primo Property Management, who are ANUK accredited management service.


Enquire now to not miss out on this opportunity.

Please note: Images shown are of a show apartment and may not be representative of the property for sale.

  • Key features
    Tick Desktop Luxury development in converted period hotel
    Tick Desktop En-suite
    Tick Desktop Onsite bike storage
    Tick Desktop Spacious games room
    Tick Desktop Managed by ANUK accredited management service
    Tick Desktop Local to the university
    Tick Desktop Great transport routes
  • LocationLocation

*All information is provided as a guideline only, is subject to change and does not constitute a contract. As with any investment, please remember that the value of property may go up or down.

Breakdown
Financial performance*
Gross rent £3,520
Ground rent £150
Service charge £1,300
Lettings fees £282
Net income £1,788
Gross yield 11.73%
Net yield 5.96%

*All information is provided as a guideline only, is subject to change and does not constitute a contract. As with any investment, please remember that the value of property may go up or down.